You and your partners have decided to open a large full-service restaurant in your local community; it will be open from 7 a.m. to 10 p.m. to serve breakfast, lunch and dinner. Each of you will be investing JA$1,000,000 in the venture, and together you have secured a bank loan of JA$3,000,000 more to begin operations. You and your partners have little experience in managing a restaurant beyond serving meals or eating in restaurants, and you now face the task of deciding how you will manage the restaurant and what your respective roles will be.

Requirements

You are required to create a name for your business and give a profile of your partners before proceeding with the project.

You are required to review no less than ten literatures including textbooks, articles, newspapers and websites. These must be accurately referenced both in the in-text citations and in the Reference Page using APA style of documentation. Do the following:

|Task |Description |Score | |1. |Develop a managerial hierarchy. Decide what each partner’s role in the restaurant will be, for example, who will be | | | |responsible for the necessary departments and specific activities? |10 | |2. |There are fourteen (14) Principles of Management described by Henri Fayol. Outline clearly how at least ten (10) of | | | |these fundamental truths could be applied to the business you have established. |20 | | | | | |3. |Outline the most...

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...Biography
Written by Frederick Winslow Taylor, who was called "The Father of Scientific Management” (Wrege &Greenwood, 1991). Taylor was the most influential person of the time and he has had an impact on management until this day. His innovation in engineering helped improving productivity, which called The Taylor System of Scientific Management (Copley, 1969), which is depends on scientific methods to manage any factory (Wikipedia).
Taylor came from wealthy family. He was born on March 20, 1856 in Philadelphia, Pennsylvania. And died in 1915(Copley, 1969). In 1872, he was sent to Exeter Academy in Philips to be prepared for Harvard University. However, Taylor passed the Harvard University examination with honors. His eyes affected, as a result of his hard study at night. This required him to have a rest from reading. So he worked in Philadelphia for four years in a small machine shop (Copley, 1969; Greenwood, 1991).
In 1878, he stared working as a laborer for a big company called Midvale Steel Works (Copley, 1969). Taylor quickly progressed from laborer to foreman for the company, then chief engineer (Wrege &Greenwood, 1991). In 1881, He developed studies about time-motion (net). In 1883, Taylor graduate from Stevens Institute of Technology in Hoboken, New Jersey, with Mechanical Engineering degree (Wrege &Greenwood, 1991).
Critique
The author begins this article with major fact that faces the civilize world. With...

...1
MANAGEMENTPRINCIPLE, MANAGEMENT THEORY, AND MANAGEMENT PRACTICES
MGMT310
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Monique Outerbridge
2
Every organization utilizes different types of management techniques, practices, theories and principles. Each organization utilizes their own practices as it correlates to their organizations’ mission, goals and culture. What works for one organization may not work for the next. In my opinion, I believe that multiple management practices can work for an organization. The best way to determine which practices will be beneficial to an organization is as simple as trial and error.
Formally defined, the principles of management are defined as the activities that “plan, organize, and control the operations of the basic elements of [people], materials, machines, methods, money and markets, providing direction and coordination, and giving leadership to human efforts, so as to achieve the sought objectives of the enterprise” (Koontz &amp; Weihrich, 2006). Over the last two hundred years managementprinciple has evolved heavily from its inception up to its modern day principles. Over the course of my civilian and military career I can attest that I have had leadership that has taken cues from different stages of the managementprinciple evolution....

...1
Frederick Taylor’s
Principles of Scientific Management
and the Multiple Frames for Viewing
Work Organizations Offered by
Bolman & Deal, Carlson, and Pfeffer
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2
Dr. Frederick Winslow Taylor in a speech called "The Principles of Scientific
Management" delivered on March 3, 1915 to the Cleveland Advertising Club exhorts his
audience to take on a new, revolutionary view of the way work should get done. To combat
the time-ingrained attitude of workmen throughout the world that "it is in their best interest to
go slow instead of fast," Taylor proposes four principles of the scientific management of
work. He asserts that even though the average businessman believes that if workers were to
go fast, thus increasing efficiency resulting in a money saving decrease of workforce, just the
opposite would be true. Taylor believes increasing the efficiency of the workman
scientifically would increase the not only the opportunity for more work, but also the real
wealth of the world, happiness, and all manner of worthwhile improvements in the life of the
working person. For Taylor, increased workman output will result in improved quality of life.
Taylor, a mechanical engineer, seeks to apply a positivistic, rational perspective to the
inefficient work organization. A second...

...Scientific Management is a theory of management that analyzed and synthesized workflows. Its main objective was improving economic efficiency, especially labor productivity.
It was one of the earliest attempts to apply science to the engineering of processes and to management. Its development began with Frederick Winslow Taylor in the 1880s and 1890s within the manufacturing industries. Taylor was an American mechanical engineer and amanagement consultant in his later years. He is often called "The Father of Scientific Management."
Taylor was writing at a time when factories were creating big problems for the management. Workmen were quite inefficient. According to Taylor, there were three reasons for the inefficiency. They were the:
1. Deceptive belief that a material increase in the output of each man or each machine in the trade would throw people out of work
2. Defective management systems, which made it necessary for each workman to soldier, or work slowly to protect his own best interests
3. Inefficient rule of thumb methods, which were almost universal in all trades, which cost much wasted effort
In this section, Taylor explained his principles of scientific management. Taylor's scientific management consisted of four principles:
1) Replace rule of thumb work methods with methods based on a...

...Kettering University
MFGO 659
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Book Report Assignment:
The Principles of Scientific Management
Submitted by: Alex Shuler
Submitted to: Professor Rick Rantilla
Date: June 5, 2013
The Principals of Scientific Management
The Principles of Scientific Management is an academic essay written by Frederick Winslow Taylor in 1911. Frederick Winslow Taylor was an American mechanical engineer who sought to improve industrial efficiency and is regarded as the father of scientific management. His approach is also often referred to, as Taylor's Principles, or Taylorism. In the essay’s introduction, Frederick Winslow Taylor comes straight to the point when he explains the reason for writing the book: First, "to point out the great loss which the whole country is suffering through inefficiency in almost all of our daily acts". Second, "to try to convince the reader that the remedy for this inefficiency lies in systematic management, rather than in searching for some unusual or extraordinary man". Third, "to prove that the best management is a true science, resting upon clearly defined laws, rules, and principles, as a foundation". In Chapter One, Taylor explains the principle object of management should be to secure the maximum prosperity for the employer, coupled with the maximum...

...
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Preamble
A study of the General Managementprinciples that seeks to equip students with the generalmanagement and managerial skills that will prepare them to be effective managers and entrepreneurs who can quickly adopt to new management situations.
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To equip students with modern general managementprinciples.
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...and also the social needs of Maslow. The disadvantages are that decision making is slow and it is still quite a dictatorial management style.
A democratic style of management will put trust in employees and encourage them to make decisions. They will delegate to them the authority to do this and listen to their advice. This requires good two-way communication and often involves democratic discussion groups, which can offer useful suggestions and ideas. The ultimate democratic system occurs when decisions are made based on the majority view of all workers. However, this is not feasible for the majority of decisions taken by the business, which is one of the criticisms of this style is that it can take longer to reach a decision. This style has close links with Herzerg’s motivators and Maslow’s higher order skills and also applies to McGregor’s theory Y view of works.
The characteristics of a weberian bureaucracy
A bureaucracy is a large organisation that is designed to achieve a common goal through hierarchical organisation. The classic perspective on bureaucracy was proposed by German sociologist, Max Weber at the beginning of the 20th century. Weber developed a theory of authority structures and described organisational activity based on authority relations. He described an ideal type of organisation that he called a “bureaucracy”.
The first principle of bureaucracy states that a formal hierarchy must exist. The hierarchy...

...Henri Fayol was a French mining engineer and director of mines who developed a general theory of business administration and one of the most influential contributors to modern concepts of management. When 19 years old he started as an engineer at a mining company "Compagnie de CommentryFourchambeau-Decazeville" in Commentry. By 1900 the company was one of the largest producers of iron and steel in France and was regarded as a vital industry.[1] Fayol became managing director in 1888, when the mine company employed over 1,000 people, and held that position over 30 years until 1918. In 1916 he published his experience in the book "Administration Industrielle et Générale", at about the same time as Frederick Winslow Taylor published his Principles of Scientific Management Theory Fayolism Fayol's work was one of the first comprehensive statements of a general theory of management.[2] He proposed that there were five primary functions of management and 14 principles of management[3] Functions of management to forecast and plan to organize to command to coordinate to control (French: contrôler: in the sense that a manager must receive feedback about a process in order to make necessary adjustments). Principles of Management Division of work. This principle is the same as Adam Smith's 'division of labour'. Specialisation...